Would you delay retirement for 6 months to purchase dream car?

[mjj]

Thinking about purchasing my dream car next spring. It is pricey and would probably require me to delay my retirement an additional 4 months or so to pay for it. I am in decent health.

Just curious if anyone has contemplated this question?

[eleven11]

I haven't personally been in that situation, but I believe I understand your question. I think that's a reasonable approach. You've got your investments in order (I assume), and simply want to make this purchase without tapping into those retirement investments. My main advice is to stick with your decision and plan, no matter what happens to the markets/your investments. Your portfolio drops 20%? Stick with the plan and enjoy your purchase.

[///MPhatic]

No one can answer this for you, as it depends on how owning your dream car will make you feel.

It's not the minutes that you live, it's how much you live in each minute.

There is no next life to get what you want, better get what you want now.

[E90convert]

You worked 35+ years in the pursuit of financial freedom. You're asking to work <1% longer to not only hit financial freedom but also to have your DREAM car for the rest of your life presumably?

Seems worth it to me. But frankly, I would try to make it work without working.

[Snave01]

What's 6 more months after all of those years...it's a rounding error. Unless you really hate your job or health reasons are making the job difficult, it's a no brainer to me. Easier to stay and get the dream car than leave, regret it and maybe try to find another job making the same or more $ (good luck at retirement age). You could always keep working with the intent of getting the car and deciding it's no longer worth and bail then.

[G80indy]

that's an easy yes
especially if you're in good health, and good standing with employer

...it's also about timing with (your choice of) car versions and availability.
for my situation I dropped a dime for a manual tranny ICE M3 in 2023 MY, before they go away for good. I don't mind working; blessed to enjoy my work.

[BlkGS]

Originally Posted by Snave01

What's 6 more months after all of those years...it's a rounding error. Unless you really hate your job or health reasons are making the job difficult, it's a no brainer to me. Easier to stay and get the dream car than leave, regret it and maybe try to find another job making the same or more $ (good luck at retirement age). You could always keep working with the intent of getting the car and deciding it's no longer worth and bail then.

Agreed 100%. Get your dream car*, you might not ever have another chance.



*Unless it's something stupid like a Miata.

[DarkishM5C]

If I was in that situation, I would absolutely do it! Why? Because I know myself, I would regret not sacrificing the time to attain my dream car.
"We must all suffer from one of two pains: The pain of discipline or the pain of regret. The difference is discipline weighs ounces while regret weighs TONS" - Jim Rohn.

[Humdizzle]

i guess it depends on the job and work to pay ratio.

personally i would.

[G80indy]

Originally Posted by BlkGS

Agreed 100%. Get your dream car*, you might not ever have another chance.



*Unless it's something stupid like a Miata.

ouch. That could very well be a dream car for many folks

[412g80]

May be I am one of the goofballs

I never want to retire. Boredom would kill me.